St. Joseph s College of Commerce (Autonomous) #163, Brigade Road, Bangalore LESSON PLAN BUSINESS ENVIRONMENT

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1 St. Joseph s College Commerce (Autonomous) #63, Brigade Road, Bangalore LESSON PLAN BUSINESS ENVIRONMENT COURSE OBJECTIVES: after this module, students will be able to understand:. To understand the different environment in the business climate. To know the minor and major factors affecting the business in various streams 3. To know the different environment like, political, technological and economic environment in the business 4. To acquire in-depth knowledge about legal environment etc. Unit/ Session/ Hours (Time Required) Unit 0 Hrs. Unit Hrs. Topics For Student Preparation (Input) Procedure (Process) Learning Outcome (Output) PART A - EVONOMIC ENVIRONMENT An overview Business environment: Assignment on Meaning and definition, different business objectives, importance Quiz setup and uses study business environment. Environmental analysis Meaning, process environmental analysis, limitations environmental analysis, environmental factors The Micro environment business and the macro environment business. Economic Environment: Meaning - characteristics Indian economy Written assignment features affecting on various economy - impact challenges faced by Liberalization different business Privatization & segments in India Globalization Indian Business. Monetary policy Meaning, objectives - fiscal policy Meaning, objectives, budget and its importance EXIM policy meaning, Assessment etc.)

2 Unit 3 8 Hrs. Unit 4 0 Hrs. Unit 5 Hrs. objectives Industrial policy meaning, objectives (Latest Policy Measures). Global Environment: Meaning nature globalization, causes globalization strategies for globalization challenges international business GATT and WTO and its implications on Indian economy. Political Environment: Meaning, political institutions, The constitution India, the preamble The fundamental rights The relationship between business and government responsibilities business towards government, - Responsibilities towards government responsibilities government towards business, extent state intervention in business. Technological, Social and Natural Environment: Technological Environment - Meaning and definition, components technology, feature technology, Impact Technology Features Technology Impact technology Limitations in technological development - Current trends in technological environment. Social and cultural environment - Meaning and definition Challenges faced by MNC Companies. Caselet on various MSMEs Online assignment on political challenges. Assignment on new trends in technology. Different business models.

3 Unit 8 6 Hrs. society Culture - elements culture, business and culture Natural environment - Meaning Natural environment - Natural environment and its impact no business. Committee on competition Law and Policy 000 Competition Commission India Competition Act 000 Comparison with MRTP Act Information technology Act 000 Cyber Regulations Appellate Tribunal Cyber fences. Witten assignment on legal aspects 3

4 LESSON PLAN PREPARATION HOURLY WISE Subject Name: BUSINESS ENVIRONMENT hours: 60 Objective: To familiarize with students regarding business environment, impart economic policies on decision any organization. Sl. No T & OBJECTIVES No. Hours Methodolog y/ Instructional techniques Evaluation/ confirmation AN OVERVIEW OF BUSINESS ENVIRONMENT 0+ T I. Introduction, Meaning and definition, objectives Business environment. Importance and uses study business environment. 3. Environmental analysis Meaning / Self 4. Process environmental analysis, limitations environmental analysis 5. environmental factors 6. The Micro environment business and the macro / Self environment business 7. Beyond Syllabus ECONOMIC ENVIRONMENT + TII Meaning - characteristics Indian economy Features affecting economy 3 Impact Liberalization Privatization & Globalization Indian Business. 4 Monetary policy Meaning, objectives 5 Fiscal policy Meaning, objectives, budget and its importance 6 EXIM policy meaning, objectives 7 Industrial policy meaning, objectives (Latest Policy Measures). Beyond Syllabus Collection documents pertaining to merchant banking GLOBAL ENVIRONMENT T III 8+ Meaning nature globalization Causes globalization 3 Strategies for globalization 4 Challenges international business 5 GATT and WTO and its implications on Indian economy. 8 Beyond Syllabus 4

5 POLITICAL ENVIRONMENT T IV 0+ Meaning, political institutions, The constitution India, 3 The preamble The fundamental rights 4 The relationship between business and government 5 Responsibilities business towards government, 6 Responsibilities towards government responsibilities government towards business 7 Extent state intervention in business 8 Beyond Syllabus FTEHNOLOGY, SOCIAL AND NATURAL TV ENVIRONMENT +. Technological Environment - Meaning and definition. components technology, feature technology 3. Impact Technology Features Technology 4. Impact technology Limitations in technological development 5. Current trends in technological environment. Social and cultural environment 6. Meaning and definition society Culture - elements culture, business and culture 7. Natural environment - Meaning Natural environment - Natural environment and its impact no business. 8. Beyond Syllabus T VI LEGAL ENGIRONMENT 8+. Committee on competition Law and Policy 000. Competition Commission India Competition Act Comparison with MRTP Act Information technology Act Cyber Regulations Appellate Tribunal Cyber Question and fences. Answer 5. Beyond Syllabus Text Books Prepared By: Mr. Christopher Devakumar Approved By: 5